Poverty

In Corcoran, 11 percent of families lived below the
poverty level in 2000, and 16 percent of families with children lived in poverty. Historically, Corcoran's percentages of families living in poverty have closely mirrored citywide trends; percentages increased in the decade between 1979 and 1989, then dropped in 1999.

In 2000, 16 percent of all people in Corcoran lived below the
poverty level. There was a 6-percent increase in people living in poverty from 1979 to 1989 and then a 2-percent decline in 1999. During this time, the neighborhood's numbers stayed slightly below the percentages for all of Minneapolis. The percentage of seniors living in poverty jumped dramatically from 1979 to 1989. This increase can be largely attributed to a major decline in Corcoran's senior population, because there were only 13 more seniors living in poverty in 1989 than in 1999. In 1999, the percentage of seniors living in poverty in Corcoran surpassed the percentage of seniors living in poverty citywide.